Well, going into next week trading, we got the following crisis facing the market :
. Iran & British sailors hostage
. Iran nuclear standoff
. Higher oil price
. Reserve Bank meet on Tuesday
. US slap tariffs on Chinese paper companies
. US profit season earning warning begin tomorrow
. Market recent recover back near all time high, toppy.
. Higher $AUD bad for resources
It will be hard press for our market to be up next week but new quarter buying might shows some support.
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |